Daily Agri Report By www.epicresearch.co - 05-Jan-2013

HEADLINES Cardamom down marginally in futures trade on sluggish demand. Cardamom prices were down 0.27 per cent per kg in futures market, largely in line with a weak trend in spot markets d

indore, India (prHWY.com) January 5, 2013 - Daily Agri Report by www.epicresearch.co - 5 January 2013

HEADLINES
Cardamom down marginally in futures trade on sluggish demand.
Cardamom prices were down 0.27 per cent per kg in futures
market, largely in line with a weak trend in spot markets due
to sluggish demand at higher levels. Adequate stocks position
following increased arrivals from producing regions also
influenced cardamom rates. At the Multi Commodity
Exchange, cardamom for delivery in February declined by Rs
2.90, or 0.27 per cent in business turnover of 152 lots.

* Pepper rises on winter demand; turmeric falls
Pepper futures rose, tracking firm spot cues where winter
demand supported prices while lesser stocks also aided the
upside. The most-active February pepper contract on the
National Commodity and Derivatives Exchange (NCDEX) was
up 1.52 percent. Winter buying is supporting prices but higher
output expectations are seen capping a sharp upside.
Trading tip:
* Buy Jeera Apr
* Above 14540
* TGTS-14600/14700
* SL- 14450
*
* Buy Mentha oil Jan
* Above 1387
* TGTS-1395/1405
* SL-1380
DAILY SOYABEAN ANALYSIS:

* OPEN: 3231
* HIGH: 3231
* LOW: 3191
* CLOSE: 3210
* SOYABEAN LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: SELL ON RISE

DAILY CHANA ANALYSIS:

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